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Chengdu Jiachi Electronic Technology CoSHSE:688708 -0.51%45 Return-on-Tangible-Equity is 2.95% as of Mar. 2026, which is 90% below its 10-year median of 30.02. GuruFocus rates SHSE:688708 with a GF Score™ of 45/100. The stock has 7 warning signs investors should review. Among 1,569 Chemicals companies, Chengdu Jiachi Electronic Technology Co ranks better than 78.27% on this metric.
SHSE:688708'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.21 Med: 30.02 Max: 54.54
Current: 13.37
During the past 7 years, Chengdu Jiachi Electronic Technology Co's highest Return-on-Tangible-Equity was 54.54%. The lowest was 13.21%. And the median was 30.02%.
SHSE:688708's Return-on-Tangible-Equity is ranked better than 78.27% of 1569
companies
in the Chemicals industry
Industry Median: 5.73
vs SHSE:688708: 13.37
Chengdu Jiachi Electronic Technology Co (SHSE:688708) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Chengdu Jiachi Electronic Technology Co Return-on-Tangible-Equity Related Terms
Chengdu Jiachi Electronic Technology Co Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Chengdu Jiachi Electronic Technology Co Return-on-Tangible-Equity Chart
Chengdu Jiachi Electronic Technology Co Annual Data
SHSE:688708 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Chengdu Jiachi Electronic Technology Co Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.95% mean?
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a Return-on-Tangible-Equity of 2.95% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Chengdu Jiachi Electronic Technology Co and its competitors. This is 90% below median its historical median of 30.02. Over the past decade, Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Equity has ranged from 13.21 to 54.54. According to the industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #341 out of 1569 companies in the Chemicals industry, placing it in the top 21.7%.
Is Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Equity too high?
Chengdu Jiachi Electronic Technology Co's current Return-on-Tangible-Equity of 2.95% is 90% below median its 10-year median of 30.02. Over the past 10 years, this metric has ranged from a low of 13.21 to a high of 54.54. The Chemicals industry median Return-on-Tangible-Equity is 5.73. Chengdu Jiachi Electronic Technology Co's value of 2.95% is 48.5% below this industry median. Based on the distribution chart, Chengdu Jiachi Electronic Technology Co ranks #341 out of 1569 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Chengdu Jiachi Electronic Technology Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Chengdu Jiachi Electronic Technology Co's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chengdu Jiachi Electronic Technology Co ranks #341 out of 1569 companies for Return-on-Tangible-Equity. This places Chengdu Jiachi Electronic Technology Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.73. Chengdu Jiachi Electronic Technology Co's value of 2.95% is 48.5% below this benchmark. Historically, Chengdu Jiachi Electronic Technology Co's own Return-on-Tangible-Equity has ranged from 13.21 to 54.54 over the past decade. While the company's 10-year median is 30.02 vs. the industry median of 5.73, Chengdu Jiachi Electronic Technology Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.73, based on 1,569 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chengdu Jiachi Electronic Technology Co's current Return-on-Tangible-Equity of 2.95% is 48.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Chengdu Jiachi Electronic Technology Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu Jiachi Electronic Technology Co's current Return-on-Tangible-Equity is 2.95%, which is 90% below median its own 10-year median of 30.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu Jiachi Electronic Technology Co stock overvalued right now?
Chengdu Jiachi Electronic Technology Co (SHSE:688708) has a current Return-on-Tangible-Equity of 2.95%. The current Return-on-Tangible-Equity is 2.95%, which is 90% below median its 10-year median of 30.02 and 48.5% below the Chemicals industry median of 5.73. Chengdu Jiachi Electronic Technology Co's overall GF Score™ is 45/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Chengdu Jiachi Electronic Technology Co (SHSE:688708), the current Return-on-Tangible-Equity is 2.95% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Chengdu Jiachi Electronic Technology Co Business Description
AddressNo. 288, West Section of Wenming Street, New Economic Industrial Park, South Area of ??Chengdu Modern Industrial Port, Pidu District, Sichuan Province, Chengdu, CHN, 611730
Chengdu Jiachi Electronic Technology Co Ltd is engaged in research and development, manufacturing, testing, sales and service of EMMS. It products include Absorbing patch, Wave absorbing, Functional coating, etc.
45GF Score
Get the complete analysis for SHSE:688708
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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